Banking Awareness Quiz Set 51

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Banking Awareness Quiz Set 51

1. The customers will be issued _______ on the date of issuance of the SGB

A. Certificate of Holding

B. Certificate of Deposit

C. Commercial Paper

D. All of these

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2. In SGBs, The _______ will be the same as applicable to ordinary gold loan prescribed by RBI from time to time.

A. Non-Performing Asset Ratio

B. Loan to Value ratio

C. Capital Adequacy ratio

D. All of these

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3. Which of the following will qualify for SLR?

A. Certificate of Deposits

B. SGBs

C. Commercial Paper

D. All of these

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4. These securities are eligible to be used as ______ for loans from banks, financial Institutions and Non-Banking Financial Companies (NBFC).

A. Certificate of Holding

B. Collateral

C. Commercial Paper

D. All of these

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5. Interest on the Bonds will be taxable as per the provisions of the _______

A. Income-tax Act, 1951

B. Income-tax Act, 1961

C. Income-tax Act, 1971

D. Income-tax Act, 1981

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6. A short-term borrowing means borrowing of tenor up to but less than ______ year.